Australia vs Guinea-Bissau: Compensation of employees
Compensation of employees over time
- Australia
- Guinea-Bissau
How they compare
Guinea-Bissau currently reports 73.60 billion current LCU against 61.20 billion current LCU in Australia, a difference of 12.40 billion current LCU.
That makes Guinea-Bissau's figure about 1.2 times Australia's.
The two have swapped places 1 time across 6 shared years of data; in 2017 it was Australia ahead.
Australia ranks 80th and Guinea-Bissau ranks 77th of 156 countries.
Guinea-Bissau has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Australia | Guinea-Bissau | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 51.15 billion current LCU | 52.16 billion current LCU | 1.01 billion current LCU | Guinea-Bissau |
| 2020s | 60.33 billion current LCU | 71.54 billion current LCU | 11.21 billion current LCU | Guinea-Bissau |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher compensation of employees, Australia or Guinea-Bissau?
- Guinea-Bissau, at 73.60 billion current LCU against 61.20 billion current LCU in Australia as of 2024.
- What is the difference in compensation of employees between Australia and Guinea-Bissau?
- 12.40 billion current LCU, with Guinea-Bissau ahead.
- How many years of comparable data are there for Australia and Guinea-Bissau?
- 6 years are reported by both, from 2017 to 2022.
- How do Australia and Guinea-Bissau rank globally for compensation of employees?
- Australia ranks 80th and Guinea-Bissau ranks 77th of 156 countries.
- Where does this data come from?
- Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Compensation of employees (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Compensation of employees is defined as the total remuneration, in cash or in kind, payable by an enterprise to an employee in return for work done by the latter during the accounting period. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.